Saving
Income
Budgeting
Wealth
100

Of your income, this is the amount used for monthly expenses

What is 70%

100

Wages and Salaries/Allowances

Investment Income

Self-employment

Inheritance


What is source of income

100
The best way to stay on a budget is to use..
What is CASH?
100

*****Daily Double*****
How good you are at what you do

How long you have been working — your experience, your seniority

Your work habits, reliability

What is Factors that Affect Income

200

This percent goes into savings monthly

What is 20%

200

Examples of this type of expense include mortgage/rent, insurance, utilities, and vehicle registration.

What are fixed expenses?

200
A good way to track your spending and budget your money is by using what type of tracking tool?
What is spending log
200
Most millionaires inherit their wealth?
What is false?
300

This percent goes into Tithing

What is 10%

300

Examples of this type of expense include cable, phone plans, Netflix, and vacations.

What are flexible/optional expenses?

300

Q: Which of the following is a “want” not a “need”?

a. shelter

b. medicine

c. Iphone

d. food

C

300

Risk of Entrepreneurship

A Short Hours
B No guarantees
C Self control
D ALL

B

400

When you know you want to buy somethings

What is a saving goal?

400

An individual’s income before taxes are paid is called

What is Gross income?

400
On average, do more teens own cell phones or laptops?
What is cell phones?
400

Characteristics of a good Entrepreneur
Choose all that apply

A Self employed

B indiscipline

C Be your own boss

D Beat the competition

A, C, D
500
What type of account usually yields the least interest?
What is savings account
500

An individual’s income after taxes are paid is called

What is Net income?

500
Analyzing previous spending habits is considered part of budgeting.
What is true?
500

Rewards of Entrepreneurship

A) Control
B) Keep profits
C) Assume debt of business
D) A & C
E) A & B

e) A & B

M
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